September 27, 2011- Charlie Sheen, the ex-star of Two and a Half Men, settled a $100 million dollar lawsuit with Warner Bros. on Monday. The actor had been fired from the show by Warner Bros. and then filed the suit.
Details of the settlement were not released but both parties are satisfied with the outcome. Terms were confidential. Sheen filed suit over his firing last March. The suit claimed Warner Bros. had wrongly terminated his contract.
His lawyer had stated much of the $100 million included in the suit was for Sheen’s share of syndication, DVD and other profits the studios had apparently withheld.
Even though the terms were confidential, reports were that the settlement for Sheen was in the area of $25 million. One source said the settlement could reach as high as $100 million over the course of several years.
At the time of his firing, Sheen was television’s highest paid actor earning over $1.2 million per episode. His firing also ended the season early for the hit comedy series.
In recent weeks, Sheen has not shown his previous outlandish behavior and acknowledged that he was partly to blame for his firing. While on the Emmy Awards last week as a presenter, he spoke directly to the cast of his former show telling them he wished them all well in the upcoming season.